Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$282,672$282,672$386,100
Remaining term (yrs)23.323.330.0
Secondary amount$0$103,428$0
Funding fee$1,413$1,413$0
Note rate3.730%3.730%7.320%
Blended rate3.730%4.874%7.560%
1st payment$1,509.89$1,509.89$2,652.24
2nd payment$0.00$689.52$0.00
Taxes / mo$872.33$872.33$872.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$77.22
HOA / mo$10.83$10.83$10.83
Total monthly$2,543.06$3,232.57$3,762.62
Cash to close$146,328$42,900$42,900